Fed bets big in new push to rescue U.S. economy
WASHINGTON (Reuters) - The Federal Reserve launched another aggressive stimulus program on Thursday, saying it would pump $40 billion into the U.S. economy each month until it saw a sustained...
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Bernanke says Fed ready to act but short on specifics
JACKSON HOLE, Wyoming (Reuters) - Federal Reserve Chairman Ben Bernanke on Friday left the door wide open to a further easing of monetary policy, saying the stagnation in the U.S....
Top central banks should consider more stimulus: BOE’s Posen
JACKSON HOLE, Wyoming (Reuters) - The world's top central banks have room to ease monetary policy further, outgoing Bank of England member Adam Posen said on Thursday. Posen, who completes...
Fed looks set to ease fairly soon barring swift rebound
WASHINGTON (Reuters) - The Federal Reserve is likely to deliver another round of monetary stimulus "fairly soon" unless the economy improves considerably, minutes from the U.S. central bank's latest meeting...
Geithner says did all he could to address Libor problem
WASHINGTON (Reuters) - Treasury Secretary Timothy Geithner, under pressure for not doing enough to stop fraudulent manipulation of a key benchmark interest rate, told lawmakers on Wednesday he alerted the...
Geithner says did all he could to address Libor problem
U.S. Treasury SecretaryTimothy Geithner, under pressure for not doing enough to stopfraudulent manipulation of a key benchmark interest rate, toldlawmakers on Wednesday he alerted the appropriate authorities"early on." In his...
Geithner says did all he could to address Libor problem
U.S. Treasury SecretaryTimothy Geithner, under pressure for not doing enough to stopfraudulent manipulation of a key benchmark interest rate, toldlawmakers on Wednesday he alerted the appropriate authorities"early on." In his...
Geithner says did all he could to address Libor problem
WASHINGTON (Reuters) - Treasury Secretary Timothy Geithner, under pressure for not doing enough to stop fraudulent manipulation of a key benchmark interest rate, told lawmakers on Wednesday he alerted the...
Bernanke offers gloomy view but few new hints on easing
WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke on Tuesday offered a gloomy view of the economy's prospects, but provided few concrete clues on whether the U.S. central bank was...
Glum Fed keeping easing options open, minutes show
WASHINGTON (Reuters) - The U.S. Federal Reserve is open to buying more Treasury bonds to stimulate the economy, but the recovery might need to weaken for a consensus to build,...